| Alphabet CEO Sundar Pichai on expectations this year | | |  | FRI, MAY 22, 2020 | | | | | | TECH, TRANSFORMATION AND THE FUTURE OF WORK | | | | Think a friend or colleague should be getting this newsletter? Share this link with them to sign up.
"Increased remote work makes their labor market ripe for disruption." In an op-ed this week, the team at SurveyMonkey took a look at the new realities of Silicon Valley's workforce. The verdict: a possible brain drain from other industries, a consolidation of talent, and salary decreases.
In the latest CNBC|SurveyMonkey Workforce Survey, about half of all people in the workforce indicate they've been able to do their jobs remotely in recent weeks. And, no surprise, many workers say they want to keep doing just that. This leads to the possibility that tech workers will be hired not just in Silicon Valley (and other major tech hubs), and the pool of available job candidates would get a whole lot bigger for an industry where competition for talent is already fierce. This could set off a chain of events that could disrupt the disruptors. More on that here.
Another shift in the disruptor landscape: co-working space operators. Last week we spoke about the future of real estate. We've watched companies like WeWork disrupt the commercial market in recent years, but Covid now poses a real threat to both the WeWorks of the world, and the traditional real estate operators. Our real estate team takes a closer look at the future of office spaces.
Programming note: In less than one month, we'll be convening virtually for an @Work Spotlight experience. We'll hear from VMware CEO Pat Gelsinger, Honeywell Connected Enterprise CEO Que Dallara, Genpact CEO "Tiger" Tyagarajan to explore how organizations can use converging tech to find the best workers, create a new, more flexible workforce, and enhance their bottom line. Request an invitation. | | CNBC @Work Virtual Spotlight | June 18, 2020
The New Convergence: Driving Better Outcomes
Featuring:
Que Dallara, Honeywell Connected Enterprise President & CEO
Pat Gelsinger, VMware CEO
"Tiger" Tyagarajan, Genpact CEO
Companies are just beginning to leverage powerful new technologies like 5G, AI and sensors to achieve greater efficiency, gain new insights into operations, and create new products. But to fully realize the benefits of these advances, a realignment and reassessment of a business' workforce will be necessary – where, how, and by whom work gets done.
Through discussions with the most influential voices on the future of work, CNBC will explore how companies can use converging tech to find the best workers, create a new, more flexible workforce, and enhance their bottom line. | |
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